Kathmandu Holdings Limited - Exemption Notice 2015

An exemption for Briscoe Group Limited from rule 20 of the Code, to the extent that the scrip consideration allotted under Briscoe’s offer for Kathmandu Holdings Limited relates to overseas shareholders and directing small security holders, and an exemption from rule 56 of the Code, to the extent that Briscoe must allot scrip consideration to overseas shareholders, and directing small security holders, under a compulsory sale that results from the offer.

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